Verifi Identity Services

Auckland, New Zealand Founded: 2012 • Age: 14 yrs Acquired By GBG
Identity verification solutions are offered for banks using biometric checks.
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About Verifi Identity Services

Verifi Identity Services is a company based in Auckland (New Zealand) founded in 2012 by Matthew Buchanan, Karl von Randow, and Vincent McCartney was acquired by GBG in February 2022.. Verifi Identity Services operates in a competitive market with competitors including IDnow, Onfido, Socure, Perfios and Jumio, among others.

  • Headquarter Auckland, New Zealand
  • Founders Matthew Buchanan, Karl von Randow, Vincent McCartney
  • Sectors
    Financial Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Verifi Identity Services Limited
Operational Areas
Financial Services → FinTech & Digital Finance
Financial Services → FinTech & Digital Finance
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    GBG

    (Feb 01, 2022)

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Funding Insights of Verifi Identity Services

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Verifi Identity Services

Verifi Identity Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include GBG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Fraud prevention solutions are provided by GBG platform to businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Verifi Identity Services

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Verifi Identity Services

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Verifi Identity Services Comparisons

Employees
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Competitors of Verifi Identity Services

Verifi Identity Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IDnow, Onfido, Socure, Perfios and Jumio, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Automated and expert-led identity verification services are provided.
domain founded_year HQ Location
Identity verification solutions are provided, including document and biometric authentication.
domain founded_year HQ Location
AI-based identity verification and fraud detection are provided.
domain founded_year HQ Location
Provides financial technology solutions for data analysis and verification globally.
domain founded_year HQ Location
AI-powered identity verification and fraud protection solutions are provided.
domain founded_year HQ Location
Cloud-based physical identity and access management systems are developed.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Verifi Identity Services

Frequently Asked Questions about Verifi Identity Services

When was Verifi Identity Services founded?

Verifi Identity Services was founded in 2012.

Where is Verifi Identity Services located?

Verifi Identity Services is headquartered in Auckland, New Zealand.

What does Verifi Identity Services do?

Verifi Identity Services was founded in 2012 in Auckland, New Zealand, as a platform focused on identity verification within the fintech sector. Biometric checks are utilized to enable banks to confirm customer identities. Applications, APIs, and self-verification tools are provided to support these processes, ensuring secure and efficient operations across financial institutions.

Who are the top competitors of Verifi Identity Services?

Verifi Identity Services's top competitors include IDnow, Perfios and IDfy.

Who are Verifi Identity Services's investors?

Verifi Identity Services has 1 investor. Key investors include GBG.

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